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State-dependent Choice under Uncertainty: A Behavioral Approach
Empirical evidence shows some puzzling results about repeated choice of independent lotteries which seem to violate basic economic principles and are usually interpreted as behavioral biases by the literature. I try to explain such phenomenon as a dynamic update of the agent’s risk aversion depending on past history.
Date:
22 February 2023, 18:00
Venue:
Manor Road Building, Manor Road OX1 3UQ
Venue Details:
Seminar Room C or https://zoom.us/j/97316381707?pwd=WDdBVlJVVU1Ga3JnRW15c0RnNlE5QT09
Speaker:
Stefania Merone (University of Oxford)
Organising department:
Department of Economics
Part of:
Novel Ideas: MPhil Seminar Series
Booking required?:
Not required
Audience:
Members of the University only
Editor:
Emma Heritage
